DA Davidson Analysts Increase Earnings Estimates for NVIDIA

Key Points

• DA Davidson has raised their FY2026 earnings per share estimate for NVIDIA to $4.08, up from $3.72, while maintaining a "Neutral" rating and a target price of $195.00.
• Other analysts, including Robert W. Baird and Sanford C. Bernstein, have also increased their price targets for NVIDIA, with Bernstein setting a target of $225.00.
• NVIDIA's stock recently traded at $174.18, with strong earnings performance including a reported EPS of $1.05 for the last quarter, surpassing estimates by $0.04.

NVIDIA Corporation (NASDAQ:NVDA - Free Report) - Investment analysts at DA Davidson increased their FY2026 earnings per share estimates for NVIDIA in a report issued on Thursday, August 28th. DA Davidson analyst G. Luria now forecasts that the computer hardware maker will earn $4.08 per share for the year, up from their previous estimate of $3.72. DA Davidson currently has a "Neutral" rating and a $195.00 target price on the stock. The consensus estimate for NVIDIA's current full-year earnings is $2.77 per share. DA Davidson also issued estimates for NVIDIA's FY2027 earnings at $5.65 EPS.

NVDA has been the topic of several other research reports. Robert W. Baird raised their price target on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a report on Monday, August 25th. Arete Research upgraded NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Sanford C. Bernstein reiterated an "outperform" rating and issued a $225.00 price target (up previously from $185.00) on shares of NVIDIA in a report on Thursday. Needham & Company LLC reiterated a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a report on Thursday. Finally, Mizuho raised their price target on NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a report on Thursday, August 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $207.69.

NVIDIA Price Performance

NVIDIA stock opened at $174.18 on Monday. The business's 50-day simple moving average is $170.83 and its 200 day simple moving average is $139.10. The stock has a market cap of $4.23 trillion, a price-to-earnings ratio of 49.62, a P/E/G ratio of 1.30 and a beta of 2.10. NVIDIA has a 12-month low of $86.62 and a 12-month high of $184.48. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business's revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio is presently 1.14%.

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the sale, the chief executive officer owned 75,548,225 shares of the company's stock, valued at $11,524,126,241.50. This trade represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Tench Coxe sold 1,000,000 shares of the firm's stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the sale, the director directly owned 26,671,360 shares in the company, valued at approximately $3,808,670,208. This represents a 3.61% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,736,604 shares of company stock worth $878,806,839. Corporate insiders own 4.17% of the company's stock.

Institutional Investors Weigh In On NVIDIA

A number of hedge funds have recently modified their holdings of NVDA. Kingstone Capital Partners Texas LLC raised its position in shares of NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock worth $64,976,521,000 after purchasing an additional 382,231,120 shares during the period. Norges Bank acquired a new stake in shares of NVIDIA during the second quarter worth about $51,386,863,000. Nuveen LLC acquired a new stake in shares of NVIDIA during the first quarter worth about $15,089,414,000. Goldman Sachs Group Inc. raised its position in shares of NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the period. Finally, GAMMA Investing LLC raised its position in NVIDIA by 12,173.2% in the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after buying an additional 48,439,859 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Company Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

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